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It is important to take into consideration the pricing and solutions when selecting a board portal. A good board management software provider should provide a clear pricing strategy and be transparent about any additional costs such as governance consultancy, entity management or enhanced security board portal pricing comparison protocols. A reputable company that develops tools for managing boards will provide one-on-one assistance and training for directors on how to use the technology.
As the new generation of directors take over boardrooms, many companies confront the issue of implementing a modern board management software system. This can be challenging if the directors of the company aren’t tech-literate or used to working with digital platforms. Board members expect the software to be used as a tool to assist in their business activities similar to other common tools, such as Google Drive and Dropbox.
It is therefore critical that any board software provides an intuitive user experience and is designed with different technological skills in mind. This is crucial to the adoption of the software, especially as it means that administrators and directors will be able to get value out of the solution with a low learning curve. Moreover, the software should be compatible with devices directors already have and not require them to purchase or learn to use a new piece of equipment or software. The platform should also be accessible anytime and from anywhere with a mobile device that is web-connected. This lets board members carry out their duties when they are away from the office, and avoids unnecessary delays.